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is steadily approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you know you think most people are worried and i think they are and i think that if i ignore don't go away nothing's really going to change because the economy's back that he might go i think it will change i still think they're going to do a thing about the president also if americans are prepared to die that's a hades. india declares full scale war and a deadly rotavirus disease which kills hundreds of thousands of children in the world each year promising a one dollar vaccine against a baby killer. looking to unite its own hands britain now wants to take the edge off the embargo against syria london says it wants to help rebel groups more via greater ate and shipments of military gear though as our first reports the final recipients may not be the ones the u.k. has in mind. well the u.k. foreign office has confirmed this week britain is going to be seeking an amendment to the arms embargo on syria making it easier to help the opponents the syrian
is steadily approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you know you think most people are worried and i think they are and i think that if i ignore don't go away nothing's really going to change because the economy's back that he might go i think it will change i still think they're going to do a thing about the president also if americans are prepared to die that's a hades. india declares full scale war and a deadly rotavirus disease which...
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is steadily approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you think most people are worried i think they are and i think that if i nor dildo buy nothing's really going to change because the economy think that he might think it'll change i just don't they're going to think about it. president asks if americans are prepared to say that's ahead. plus the russian city of sochi is gearing up to host the next winter olympics with preparations now in full swing and so coming up for you after a short break. would you choose do just what their name implies they get between people and drive them apart like a wage and these issues seem to always take the forefront in the media things like abortion gun rights marijuana legalization and the weather well the weather isn't really a west cost people sure talk about it way too much there's only so much room with the national discourse and the switch issues just eat up all of the time and attention but the thing is that there's a little something called the tenth amendment y
is steadily approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you think most people are worried i think they are and i think that if i nor dildo buy nothing's really going to change because the economy think that he might think it'll change i just don't they're going to think about it. president asks if americans are prepared to say that's ahead. plus the russian city of sochi is gearing up to host the next winter olympics with preparations now in...
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talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly. i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know even most the word i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes the yes and no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's actually something to worry about or do you think it's something the politicians and the media used to distract us from what's really going on politics and media for sure so what's really going on that they're distracting us from. their own personal agendas if they're not really trying to work together there are three business channels we're in twenty four hours a day and it's good news nothing else is
talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly. i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know even most the word i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes the yes and no i definitely agree that it's a complex problem i...
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do you want to start approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you think most people who were i think they are and i think that if i ignored it all go away but nothing's really going to change because the economy's like betty white or they're going to change are just not going to do a thing about it so the resident asked if americans are prepared to drive that's ahead. also this hour india declares full scale war on a deadly rotavirus disease which kills her because of thousands of children in the world each year promising a one dollar succeed against the baby. but now looking to unite its own hands a person now wants to take the edge of the arms embargo against syria london says it wants to help rebel groups more. treatments of military gear so forth reports not the final recipients may not be the ones the u.k. has in mind. well the u.k. foreign office has confirmed this week britain is going to be thinking an amendment to the arms embargo on syria making it easier to help the opponents the syrian president bas
do you want to start approaching the fiscal cliff. do you know the fiscal cliff. do you think a lot of americans do you think most people who were i think they are and i think that if i ignored it all go away but nothing's really going to change because the economy's like betty white or they're going to change are just not going to do a thing about it so the resident asked if americans are prepared to drive that's ahead. also this hour india declares full scale war on a deadly rotavirus disease...
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do you know the fiscal cliff. do you think a lot of americans do you think most people are worried i think they are and i think that if i ignore it all go away nothing's really going to change because the economy is like that you might. begin to think about it. so the president also if americans are prepared to dive that's later. plus india declares full scale or a deadly one it's a virus disease which kills hundreds of thousands of troops in the world each year promising a one dollar of a sin against the plane. looking to united. wants to take the edge off the bug again syria london says it wants to help rebel groups more aid and shipments of military gear so was first reports the final recipients may not be the ones the u.k. has in mind. well the u.k. foreign office has confirmed this week britain is going to be thinking an amendment to the arms embargo on syria making it easier to help the opponents the syrian president bashar al assad now a foreign office official has said that the practical support is likely
do you know the fiscal cliff. do you think a lot of americans do you think most people are worried i think they are and i think that if i ignore it all go away nothing's really going to change because the economy is like that you might. begin to think about it. so the president also if americans are prepared to dive that's later. plus india declares full scale or a deadly one it's a virus disease which kills hundreds of thousands of troops in the world each year promising a one dollar of a sin...
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thank you, tahman. >>> and as talks over the fiscal cliff drag on, a new poll finds that most americans do not think very highly of congress. one in ten americans rate the honesty and ethical standards of its members as very high or high. this puts the law making body, second-lowest on the list of 22 professions. higher only than car sales people. >> how telling is that? >> that's an indictment. >>> and another nasty storm is drenching the west coast, from northern california, into portland and seattle. this is the fourth big rainmaker to hit that area in a week. and this time, it could dump up to five inches of rain and cause even more flooding and destruction. abc's brandi hitt has the latest. >> reporter: after several days of drenching rain, downed trees, flooding and rockslides, families throughout the west are finally getting a break in the severe weather to clean up. three storms have slammed through the region in less than a week, dumping up to a foot of rain in some areas. washing out entire roads. and even creating this 20-foot sinkhole in lafayette, california. the other big
thank you, tahman. >>> and as talks over the fiscal cliff drag on, a new poll finds that most americans do not think very highly of congress. one in ten americans rate the honesty and ethical standards of its members as very high or high. this puts the law making body, second-lowest on the list of 22 professions. higher only than car sales people. >> how telling is that? >> that's an indictment. >>> and another nasty storm is drenching the west coast, from northern...
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to us just as an approaching the fiscal cliff. do you know if it's good. do you think a lot of americans do not even most the word i think they are and i think that if i ignore it all go away but nothing's really going to change because the economy is like that you might begin to dream. about. some of the rest and also if americans are prepared to die that's ahead. also later this hour declares full scale war on a deadly rosena virus disease which kills hundreds of thousands of children in the world yet promising one donor vaccine against the people. looking to unite its own hands version now wants to take the use of arms embargo against syria london says it will still hope rebel groups small via greeter shipments of military gear. first reports final recipients may not be the ones the u.k. doesn't mind. the u.k. foreign office has confirmed this week britain's. going to be thinking an amendment to the arms embargo on syria making it easier to help the opponents the syrian president bashar al assad now a foreign office official has said that the practical
to us just as an approaching the fiscal cliff. do you know if it's good. do you think a lot of americans do not even most the word i think they are and i think that if i ignore it all go away but nothing's really going to change because the economy is like that you might begin to dream. about. some of the rest and also if americans are prepared to die that's ahead. also later this hour declares full scale war on a deadly rosena virus disease which kills hundreds of thousands of children in the...
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Dec 6, 2012
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here's savannah. >>> new movement this morning to try and avoid the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun, david brubeck used to come to wyoming a great deal. he and his family, lovely people. i did not know he had passed. and to hear that music, it's iconic stuff. anyway. so it's good to sneak in and get made up, try to hide my identity. >> well, it's good to have you here. you say you're in the witness protection program because you've been out there on the issue of how we fix our national deficit. as you well know, we face the fiscal cliff, a series of tax hikes and spending cuts that many people think if they go into effect will put the country into recession. yet we heard the treasury secret
here's savannah. >>> new movement this morning to try and avoid the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun,...
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plummeting off a fiscal cliff violent protest in mexico's self-immolation and tibet i mean it seems like the world's falling apart everywhere you look but instead of getting the latest news on all of these important issues from the corporate media all i've been seeing this week is this. royal baby royal baby from a little baby well baby it's the news royal thing and seven waiting for ever since prince william and his wife kate said i do the royal couple is expecting a baby princess kate middleton is pregnant after months of tabloid speculation and rumor the royal family has confirmed today that the duke and duchess of cambridge are expecting some breaking news buckingham palace has just announced that the duke and duchess of cambridge william and kate are expecting a baby that i hate this baby already earthly a fetus developing what is that breaking news come on there's a lot of things that i could say about this most of which stems from i up utter disdain of a celebration of carrying on a royal blood line that does nothing more than symbolize feudalism in the twenty first century but se
plummeting off a fiscal cliff violent protest in mexico's self-immolation and tibet i mean it seems like the world's falling apart everywhere you look but instead of getting the latest news on all of these important issues from the corporate media all i've been seeing this week is this. royal baby royal baby from a little baby well baby it's the news royal thing and seven waiting for ever since prince william and his wife kate said i do the royal couple is expecting a baby princess kate...
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Dec 4, 2012
12/12
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cliff. it is a $2.2 trillion offer that does not raise the tax rate on the wealthiest americans and that has become the central issue of the negotiations. the white house says republicans still are not ready to get serious. susan mcginnis is in washington with the back and forth details. susan, good morning to you. >> reporter: good morning, terrell. gop leaders here on capitol hill sent their plan to the white house in this letter on monday, and now that both initial offers are out there, both sides say it's time to get serious. governors from six states are headed here to washington today to tell president obama their thoughts on the fiscal cliff. the bipartisan group says both sides need to work together to avoid the tax increases and spending cuts due to kick in at the end of the year. >> no one's going to get what they want, but as a country to move forward, we've got to figure out who gives where, and if everything is going to be out on the table, how do we negotiate that? >> reporter:
cliff. it is a $2.2 trillion offer that does not raise the tax rate on the wealthiest americans and that has become the central issue of the negotiations. the white house says republicans still are not ready to get serious. susan mcginnis is in washington with the back and forth details. susan, good morning to you. >> reporter: good morning, terrell. gop leaders here on capitol hill sent their plan to the white house in this letter on monday, and now that both initial offers are out...
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Dec 5, 2012
12/12
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they are nowhere near a deal to avoid the so-called fiscal cliff. peter doocy is life in washington with more. >> republicans have had their proposal to avoid the fiscal cliff complete with 800 billion of new revenue over a decade on the table for more than a day now. it has yet to be publicly embraced by the slightest bit by any prominent democrats. because of that gop lawmakers are saying that means the white house wants to go over the fiscal cliff to make it a point. >> howard dean said it patti murray who ran the senator ideal committee. i think the presidency is a political victory for his party as they go over the cliff. i know republicans are concerned there is going to be a secondary session. >> the white house proposal raises taxes 1.6 trillion over a decade. republicans close loopholes and get rid of deductions. they say the mast won't work. >>> it is still out of balance. it is 800 million worth of revenues. he said he is going to do that by lowering rates. when you look at the map it doesn't work. >> the house majority with kevin mccarth
they are nowhere near a deal to avoid the so-called fiscal cliff. peter doocy is life in washington with more. >> republicans have had their proposal to avoid the fiscal cliff complete with 800 billion of new revenue over a decade on the table for more than a day now. it has yet to be publicly embraced by the slightest bit by any prominent democrats. because of that gop lawmakers are saying that means the white house wants to go over the fiscal cliff to make it a point. >> howard...
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Dec 10, 2012
12/12
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. >> if the fiscal cliff budget talks fail to produce a deal, more than 2 million will lose their jobs after christmas. it would affect those who have been out of work more than six months. and another 1 million people will lose benefits during the three months at the beginning of 2013. president obama has announced he is committed to extending jobless benefits for another year. the governor has -- the government has spent $520 billion on unemployment extensions since 2008. many republicans do not support extending benefits without cutting other costs. and marilyn couples need not worry. attorney-general doug danziger said even if the high court comes down on the defense of marriage act, it will not impact marilyn's law. -- maryland because the law. >> what it could do, if it were to uphold that, which is unlikely, then it would continue to deny same-sex couples rights that come to them under the federal laws. for example, on tax returns. even though maryland has passed same-sex marriage, you cannot file federal tax returns as a married couple. that would stay in place. same-sex couple
. >> if the fiscal cliff budget talks fail to produce a deal, more than 2 million will lose their jobs after christmas. it would affect those who have been out of work more than six months. and another 1 million people will lose benefits during the three months at the beginning of 2013. president obama has announced he is committed to extending jobless benefits for another year. the governor has -- the government has spent $520 billion on unemployment extensions since 2008. many...
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Dec 7, 2012
12/12
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in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands arou
in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something...
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cliff and what will happen if the white house and congress fail to find a solution capital account is on its way from washington shortly and more news from moscow thirty five minutes from now. choose your language. we can with know if they feel some of us. choose the buttes the consensus you can. choose the opinions that invigorating to. choose the stories that impact your life choose the access to your office. plz. he is under siege for. destruction without mercy. what could be just ruins. saved by a great sacrifice. anything under a storm by human justice. a remarkable reminder of courage and selflessness. beauty is a. rush the sight. of. the. good afternoon welcome to capital account i'm lauren mr here in washington d.c. these are your headlines for friday december seventh two thousand and twelve is jobs day u.s. jobs numbers for november came in better than expected with the b.l.s. report showing one hundred forty six thousand jobs were added much more than expected and the unemployment rate fell to seven point seven percent but why did the rate went down because more people left
cliff and what will happen if the white house and congress fail to find a solution capital account is on its way from washington shortly and more news from moscow thirty five minutes from now. choose your language. we can with know if they feel some of us. choose the buttes the consensus you can. choose the opinions that invigorating to. choose the stories that impact your life choose the access to your office. plz. he is under siege for. destruction without mercy. what could be just ruins....
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Dec 7, 2012
12/12
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MSNBCW
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that's part of the reason we want to avoid the fiscal cliff. it's actually too much deficit reduck sln too quickly in the wrong parts of the budget. you want a more thoughtful, thought out plan. on your point about the debt ceiling, we what we need is to have certainty, know where we're headed. not have multiple showdowns but the debt ceiling is only going to be increased significantly if it goes hand in hand with a big enough deal which has real changes in the budget. so the best thing we could do is put in place a balanced plan deals with all parts of the budget and really provides the kind of sense of security that households, small businesses, everybody needs to know so we can start planning for the economy and hopefully getting things growing back again. one of the things you see is that when your debt levels are as high as they are, in this country right now, that's a tamp on economic growth and can harm growth. that's the point we're at. we know that part of a growth strategy will have to be getting control of these deficits and debt and
that's part of the reason we want to avoid the fiscal cliff. it's actually too much deficit reduck sln too quickly in the wrong parts of the budget. you want a more thoughtful, thought out plan. on your point about the debt ceiling, we what we need is to have certainty, know where we're headed. not have multiple showdowns but the debt ceiling is only going to be increased significantly if it goes hand in hand with a big enough deal which has real changes in the budget. so the best thing we...
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Dec 8, 2012
12/12
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. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of tax cuts is going to be blamed for all of this economic mess. >> this is a moment of truth. the clock is ticking, christmas it coming, the goose is getting fat. in many homes across america, it's a very, very lean time. >> the reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> greta: with us is co-host of the five, greg gutfeld. he has a new book out, the joy of hate. he's been on a road trip having a book tour, so he has been talking to lots of people and they have been talking to him. so we want to know. are americans frustrated by the way
. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of...
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cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the country could go or the cliff -- over the cliff, if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily, because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks to raise money but insist that bush-era tax cuts must be extended for all americans. >> reporter: the standoff and the country's skyrocketing debt concerns ryan shenecki. so much so that he's the guy in the can suit, dancing gangnam style with the cochair o
cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the country could go or...
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the countdown to the nisc will fisc-- the fiscal cliff is on. but that's not stopping house members from leaving capitol hill from a long weekend. >>> the duchess of cambridge, the hospital treating her gets punked. >>> it's become one of the city and the state's main attractions. i'm christie ileto. coming up, i'll have more on what a new report is saying about the national aquarium and how it affects our local economy. >>> and when will we see the warmer weather temperatures again? any time soon? don't miss the updated first warning weather forecast with bob. >>> it's 51 degrees and clear in central maryland. the complete first warning weather forecast is coming up. >>> it's one of baltimore's favorite attractions. and support shows it is bringing in hundreds of millions of dollars into the city. wjz is live at the national aquarium do you want. christie ileto has more on what this means for the local economy. >>> a new report shows that most of the visitors are from out of town, that they spend big bucks here in the area. and that the nationa
the countdown to the nisc will fisc-- the fiscal cliff is on. but that's not stopping house members from leaving capitol hill from a long weekend. >>> the duchess of cambridge, the hospital treating her gets punked. >>> it's become one of the city and the state's main attractions. i'm christie ileto. coming up, i'll have more on what a new report is saying about the national aquarium and how it affects our local economy. >>> and when will we see the warmer weather...
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Dec 6, 2012
12/12
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WUSA
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that's why there's extreme worry about the fiscal cliff. i'm peggy fox. coming up what county leaders are doing to try to stop it. >> reporter: i'm kristin fisher in a maintenance yard for the national park service where a group of 5th graders are learning everything that goes into planning for a presidential inauguration. do they have what it takes? find out coming up. >> and you know, redskins fans are not the only ones in love with rg3. his opponents are in awe, as they should be. we'll hear what ravens head coach john harbaugh is afraid of. wo up with ts horrle sh on right sid iense burni sensaon sd, you hadhickenxe, en yosa, yes, i d.irl. d't think ybody er thinks th're goi get shings. but itappeneto me. r re of the side sry, visit shinesinfoom >>> this sunday will mark the first time in four years the redskins and ravens face off in the regular season. this time there's a whole lot on the line. baltimore is just one win from clinching a playoffs spot while rg3 has the redskins back in the hunt for the postseason. recently i sat down with ravens head
that's why there's extreme worry about the fiscal cliff. i'm peggy fox. coming up what county leaders are doing to try to stop it. >> reporter: i'm kristin fisher in a maintenance yard for the national park service where a group of 5th graders are learning everything that goes into planning for a presidential inauguration. do they have what it takes? find out coming up. >> and you know, redskins fans are not the only ones in love with rg3. his opponents are in awe, as they should...
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we need to avoid the fiscal cliff. >> one thing you want javier to agree to, to avoid the fiscal cliff. >> we need to have the spending cuts. >> give me an example? >> well, it is looking at the spending, entitlement reform, and growth in government. the president is moving in the wrong direction. he proposed higher taxes than he ever said during the campaign, more stimulus, more spending, that's moving us in the wrong direction. >> go ahead and respond. >> how much spending cuts do we want to see? i could tally up for you right now, $3 trillion with the spending cuts that we already enacted in law in the last year and a half. $1 trillion that came from the budget control act that was passed a year ago, that said a trillion dollars has to start coming up now, and that has begun. another trillion dollars which is going to be enacted through the sequester. we still have them. and we can move forward. that's another trillion, 1.2 trillion. let me give you the other 800 billion. we cut -- democrats without a republican vote, $716 billion in -- and we found $716 billion in savings through m
we need to avoid the fiscal cliff. >> one thing you want javier to agree to, to avoid the fiscal cliff. >> we need to have the spending cuts. >> give me an example? >> well, it is looking at the spending, entitlement reform, and growth in government. the president is moving in the wrong direction. he proposed higher taxes than he ever said during the campaign, more stimulus, more spending, that's moving us in the wrong direction. >> go ahead and respond. >>...
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Dec 6, 2012
12/12
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-- off that fiscal cliff. after all, we will go over the cliff and there will be cuts which should gland the hearts of republicans and -- gladden the hearts of republicans and then we will have more revenue which will grand the hearts of democrats. we -- gladden the hearts of dems. we will very likely go back -- democrats. we will very likely go back and elect the same group of people to do the same bad job and then this. the football player from kansas city who killed the mother of his child and then himself, he said bob costas was wrong when he argued that cassandra perkins would still be alive if belcher doesn't have a gun. what next? control on cars? they are used in more homicide than guns. we need to amp up our education on certain freedoms and liberties and put larger penalties on those who abuse them, but nick, that is the point. we don't ban cars because they're potentially dangerous, but there are significant controls on their use and ownership. they're registered, licensed and you have to have train
-- off that fiscal cliff. after all, we will go over the cliff and there will be cuts which should gland the hearts of republicans and -- gladden the hearts of republicans and then we will have more revenue which will grand the hearts of democrats. we -- gladden the hearts of dems. we will very likely go back -- democrats. we will very likely go back and elect the same group of people to do the same bad job and then this. the football player from kansas city who killed the mother of his child...
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Dec 8, 2012
12/12
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now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in recession, would be bad news for the rest of the world. we do not need that because recovery is fragile. we do not want to have this knock on affect on the fragile recovery. >> what would your message be to members of both parties on capitol hill as their negotiating? >> i would say focus on the real issue.
now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico,...
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Dec 8, 2012
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. >>> two o the fiscal cliff now. the end of the bush era tax breaks. so, where are the negotiations in washington? well, they're at a standstill. now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states hardest hit say the money is just a start. with the fiscal cliff looming the staff is sure to face some resistance on capitol hill. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join the party in the home of president oba
. >>> two o the fiscal cliff now. the end of the bush era tax breaks. so, where are the negotiations in washington? well, they're at a standstill. now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my...
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and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the clock ticking down. thanks so much, jake. >>> and, of course, the president also spoke out today about the lethal stockpile of chemical weapons in the hands of the brutal regime in syria. chemicals so deadly, one drop can kill within minutes. abc's senior foreign affairs correspondent martha raddatz on these weapons and whether it means the u.s. may be forced to take action. >> reporter: the latest intelligence is alarming. officials telling abc news the u.s. is now seeing specific signs that the syrian regime may be preparing to use the chemical sarin against opposition forces. sarin is an extremely toxic substance that can kill a person in a matter of minutes with only one drop. the victims suffocated from the paralyzing effects of the toxin. this new intelli
and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the clock ticking down. thanks so much, jake. >>> and, of course, the president also spoke out today about the lethal stockpile of chemical weapons in the...
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Dec 3, 2012
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. >>> less than a month left until we hit the fiscal cliff. i know you probably hate hearing about it but it's coming and 29 days away now. this weekend both sides were counting how many ways they disagreed. >> we proposed a balanced mix. and look at it together. it's roughly 2 to 1, spending cuts to tax increases much we have been very detailed about the spending side. we proposed $600 billion cuts over 10 years. now, republicans are -- we don't expect them to like all the proposals but lay out what we believe and then ask them to come become and tell us what they prefer to do. >> i would say we're nowhere. period. we're nowhere. we've put a serious offer on the table by putting revenues up there to try to get the question resolved but the white house is responded with virtually nothing. >> so the speaker actually went on to say that the republicans are flabbergasted over that initial offer from the democrats. so is it just about the taxes for the wealthy versus the spending cuts? one gop leader has another take. >> i think we're going over t
. >>> less than a month left until we hit the fiscal cliff. i know you probably hate hearing about it but it's coming and 29 days away now. this weekend both sides were counting how many ways they disagreed. >> we proposed a balanced mix. and look at it together. it's roughly 2 to 1, spending cuts to tax increases much we have been very detailed about the spending side. we proposed $600 billion cuts over 10 years. now, republicans are -- we don't expect them to like all the...
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the debt ceiling if it is not part of any agreement, regarding the fiscal cliff to avert the fiscal cliff they will need to take up this question of raising the debt ceiling come likely early next year. republicans see that the question of raising the debt creeling is where they have leverage in this negotiation. the president and democrats do not want the debt ceiling to be kind of -- raising the debt ceiling to be part of this negotiation. they do not want this on their plate come early next year. it all comes down to leverage. democrats see that they have the leverage here because look at most recent polls today. if you look at this week, if you look at recent polls out this week, it shows that a majority of americans say if there is no deal, if we go over the fiscal cliff, they will blame republicans and not democrats or the president. you can be sure everyone is watching those polls. the debt ceiling if you can believe it, i know christine is rolling her eyes over there, the debt ceiling is becoming a part of this. >> that dialogue has been going on for quite some time now. at the en
the debt ceiling if it is not part of any agreement, regarding the fiscal cliff to avert the fiscal cliff they will need to take up this question of raising the debt ceiling come likely early next year. republicans see that the question of raising the debt creeling is where they have leverage in this negotiation. the president and democrats do not want the debt ceiling to be kind of -- raising the debt ceiling to be part of this negotiation. they do not want this on their plate come early next...
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cliff. >> reporter: you know, aides are providing no details, radio silence here, it was all done out of camera range, but you're right, sometime this afternoon, house speaker john boehner was here to meet face to face with president obama. it's the first glimmer of hope after weeks of stalemates. today a warning to republicans from a top senate democrat, no hike in taxes on the wealthy, no deal on the debt. >> even if it means going over the cliff? >> i don't want to do it, the president doesn't want to do it but we need to solve the problem. we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the debt ceiling and we haven't given that up. >> reporter: congress must again vote to raise that debt ceiling early next year, that would mean a replay of last year's battle and a chance for republicans to regain the upper hand. the president has laid down an early marker. >> i will not play that game, because we have got
cliff. >> reporter: you know, aides are providing no details, radio silence here, it was all done out of camera range, but you're right, sometime this afternoon, house speaker john boehner was here to meet face to face with president obama. it's the first glimmer of hope after weeks of stalemates. today a warning to republicans from a top senate democrat, no hike in taxes on the wealthy, no deal on the debt. >> even if it means going over the cliff? >> i don't want to do it,...
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cliff." >> you got it nail this down. uncertainly is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending consults on the middle class. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the deb
cliff." >> you got it nail this down. uncertainly is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending consults on the middle class. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to...
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with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rates ought to go up on the top 2 percent of wealthiest americans. the american people overwhelmingly disagree. the rates have to rise and republicans need to acknowledge that. >> the major difference between the two sides is over taxing on the rich. obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans
with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders...
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and we have this thing that "fiscal cliff," that so-called "fiscal cliff" "fiscal cliff" that we're sick of. how is that going to impact the whole job situation? >> reporter: you know, for a while it looks like it wasn't going to but in recent surveys we see that businesses are putting off investing and hiring until congress and the president finish their wrangling. i think the reason is pretty clear. uncertainty over taxes and the impact of scheduled government cuts on the economy is really making it hard for companies to plan. so instead, they are keeping their spending in a wait-and- see mode and again, that's going to persist until we get resolution. for more on the jobs report preview, go to moneywatch.com where we warn that things could get ugly in the labor market before they turn around. >> okay. jill schlesinger, editor at large for cbsmoneywatch.com, thank you. >>> i'm going to have to separate my coanchor and our weather guy because we have a quasi denver bronco fan here, she grew up there. we'll let her have that. quasi. and a huge raider fan. >> and they play tonight. huge r
and we have this thing that "fiscal cliff," that so-called "fiscal cliff" "fiscal cliff" that we're sick of. how is that going to impact the whole job situation? >> reporter: you know, for a while it looks like it wasn't going to but in recent surveys we see that businesses are putting off investing and hiring until congress and the president finish their wrangling. i think the reason is pretty clear. uncertainty over taxes and the impact of scheduled...
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especially if we go over the fiscal cliff. what top economists are saying about your investments. >>> and is this what the fiscal cliff deal has come to? why 81-year-old former senator alan simpson is going gangnam style to get everyone's attention on debt. >> it has officially jumped the shark. >>> alan st. pierre is the executive director for the national,or for the reform of marijuana laws. oregon senator jeff merkley, heidi ewing, and rachel grady will be joining us. steve satich, ohio congressman, steve latourette, and ambassador nick burns are our guests this morning. it's thursday, december 6th, and "starting point" begins right now. >>> welcome, everybody. our starting point this morning, some major developments to tell you about in egypt, after angry protests against political moves by the president, mohamed morsi, have turned deadly. tanks, armored personnel vehicles, all stationed outside the presidential analysis cairo. not only are they guarding the palace, they're also keeping apart supporters and opponents of mo
especially if we go over the fiscal cliff. what top economists are saying about your investments. >>> and is this what the fiscal cliff deal has come to? why 81-year-old former senator alan simpson is going gangnam style to get everyone's attention on debt. >> it has officially jumped the shark. >>> alan st. pierre is the executive director for the national,or for the reform of marijuana laws. oregon senator jeff merkley, heidi ewing, and rachel grady will be joining us....
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and trying to figure out every last move in the fiscal cliff? do you worry about that from your colleagues in the house? >> well, i've got to tell you, i've been here 18 years. this is going to be a negotiation between the president of the united states and house speaker john boehner. and so we have engaged in some charades over the last 18 years where we all like pretend to be working in our offices, but we're not doing anything to get this done because there's nothing we can do. this is going to be a discussion between the top leaders of the house and the white house. and when they signal -- sort of like the pope being elected. when the white smoke comes out of the capitol, we can come back and execute the deal. >> wow, i don't know how i feel about the whole pope reference, talking about congress. >> that's better than being sentenced to church, i guess. >> i suppose that is true. and, in fact, that's going to be our next story. steve latourette, always nice to have you. when you're in new york, we would love to have you come and sit down wit
and trying to figure out every last move in the fiscal cliff? do you worry about that from your colleagues in the house? >> well, i've got to tell you, i've been here 18 years. this is going to be a negotiation between the president of the united states and house speaker john boehner. and so we have engaged in some charades over the last 18 years where we all like pretend to be working in our offices, but we're not doing anything to get this done because there's nothing we can do. this is...
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., on the fiscal cliff, 26 days to go before the deadline. president obama was back at it campaign-style. went to the home of one middle class family in virginia, saying if the middle class tax cuts expire when the deadline hits it will cost the family an equivalent of a month's rent. meanwhile, john boehner started the talks after a standoff that lasted almost a week. then there was the surprise that rocked the capital today. south carolina conservative, jim demint, a hero to many, is retiring next month. nbc's david gregory, the moderator of "meet the press," has more on the surprise announcement. >> reporter: about four years early, a lot of people thought it would happen by 2017, but not at this point. in his term, demint was somebody who turbo-charged the tea party movement. he told me he would like to see the party really adopt more of these tea party ideas. that really didn't happen. there were more internal fights. he did have success in fielding candidates and also failed. he said they didn't do enough to establish what the party was
., on the fiscal cliff, 26 days to go before the deadline. president obama was back at it campaign-style. went to the home of one middle class family in virginia, saying if the middle class tax cuts expire when the deadline hits it will cost the family an equivalent of a month's rent. meanwhile, john boehner started the talks after a standoff that lasted almost a week. then there was the surprise that rocked the capital today. south carolina conservative, jim demint, a hero to many, is retiring...
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is your company hiring and what about this fiscal cliff? how big of an issue is that for your company. >> our company absolutely is hiring. we do business in almost 50 countries. we are fortunate to provide johns all over the world but definitely in the united states we are hiring corporate positions, hourly positions, our franchise partners are hiring management employees especially through the busiest time of year, the retail season to tkpwroeu thgrow the business. as for the fiscal cliff it's frightening, but i have to have a level of faith and belief that our elected officials, and current and growing administration will figure out a way to make sure that we continue to prosper as a country and small business owners like my franchisees still have a strong and productive business climate in wish to run their businesses. jenna: i bet our viewers are probably saying, she would be good in government. do you think you'll ever go in that direction. >> you never know. i enjoy being in the private sector, investing in our communities and being
is your company hiring and what about this fiscal cliff? how big of an issue is that for your company. >> our company absolutely is hiring. we do business in almost 50 countries. we are fortunate to provide johns all over the world but definitely in the united states we are hiring corporate positions, hourly positions, our franchise partners are hiring management employees especially through the busiest time of year, the retail season to tkpwroeu thgrow the business. as for the fiscal...
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fiscal cliff, amazement and dismay. i've heard it again and again. >> toes are the two words i focused on, amazement and dismay, and my question comes is he making any changes for fedex? >> companies need clarity. and even in the third quarter gdp report you can see that companies holding back on computer purchases, on equipment purchases, because they don't know what's going to happen next year. if there's going to be a recession or not. can i tell you, not to know whether you're going to have a recession is such an uncertainty for your families. christmas spending. how do you do holiday spending if you don't know what kind of tax refund you're going to get? congress is in a sticky spot here. the mood was pretty grim in washington yesterday when i was there for that interview. a lot of folks were saying they're not making plans for the holidays. washington insiders. because they think that they're going to be doing this down to the very last minute. >> i know you were dismayed saying that typically behind the scenes, a
fiscal cliff, amazement and dismay. i've heard it again and again. >> toes are the two words i focused on, amazement and dismay, and my question comes is he making any changes for fedex? >> companies need clarity. and even in the third quarter gdp report you can see that companies holding back on computer purchases, on equipment purchases, because they don't know what's going to happen next year. if there's going to be a recession or not. can i tell you, not to know whether you're...
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much of the interview is focused on the fiscal cliff. it also talked about topics vital to tech and business communities. and what more could be done to boost the economy. here is some of what he had to say. >> conversation was ceos, they teal me we're ready to fire. -- hire. but we want a little bit of certainty out there. and what is missing is not only a deal, on long term deficit reduction. what smising is steps we can be taking now. >> if you own shares of oracle, next check will be bigger than usual. ora cell will pay next three dividends at once. the software giant joins a lift of companies moving dividends forward into the year to avoid a phone shall tax hike in january. and shares of pandora falling after the company says the loss will be wider than forecast. it wasn't all bad news, pan doora said sales rose 60% and profits rose 187%. stocks were little changed after the president held his ground about raising taxes to the highest income tern americans. your bloomberg silicon valley index closed qlor, apple, google and ebay drag
much of the interview is focused on the fiscal cliff. it also talked about topics vital to tech and business communities. and what more could be done to boost the economy. here is some of what he had to say. >> conversation was ceos, they teal me we're ready to fire. -- hire. but we want a little bit of certainty out there. and what is missing is not only a deal, on long term deficit reduction. what smising is steps we can be taking now. >> if you own shares of oracle, next check...